Key facts
- Ford's core profit rose to $2.7 billion in Q3.
- Commodity costs, including copper, steel, and fuel, increased.
- Ford raised its full-year estimate for commodity costs to nearly $2.5 billion.
- The automaker's full-year guidance was raised to $10.5 billion-$11 billion in earnings before interest and taxes.
- Adjusted earnings of 49 cents per share beat analyst forecasts of 40 cents.
- Ford posted revenue of $49.5 billion and net income of $2 billion.
Ford Motor's core profit edged up to $2.7 billion in the third quarter, as the company navigated higher commodity costs and production issues with its F-150 trucks. The automaker raised its full-year profit guidance, citing strong demand and pricing power. Ford anticipates 2027 core profitability to be roughly in line with 2026. Adjusted earnings of 49 cents per share surpassed analyst expectations of 40 cents. Revenue stood at $49.5 billion, with net income at $2 billion. The company is facing increased costs from factors including the conflict in the Middle East, rising prices of copper and steel, and higher fuel and chip prices.